Meeder Advisory Services Inc. Has $22.83 Million Position in SPDR Portfolio Emerging Markets ETF $SPEM

Meeder Advisory Services Inc. cut its holdings in SPDR Portfolio Emerging Markets ETF (NYSEARCA:SPEM) by 4.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 486,722 shares of the company’s stock after selling 20,168 shares during the period. SPDR Portfolio Emerging Markets ETF accounts for approximately 1.0% of Meeder Advisory Services Inc.’s portfolio, making the stock its 21st biggest holding. Meeder Advisory Services Inc.’s holdings in SPDR Portfolio Emerging Markets ETF were worth $22,832,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in SPEM. First Command Advisory Services Inc. acquired a new stake in SPDR Portfolio Emerging Markets ETF in the 4th quarter valued at approximately $26,000. Ascentis Independent Advisors acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the first quarter worth approximately $27,000. Safe Harbor Fiduciary LLC acquired a new position in shares of SPDR Portfolio Emerging Markets ETF during the fourth quarter worth approximately $32,000. Front Row Advisors LLC boosted its position in shares of SPDR Portfolio Emerging Markets ETF by 147.9% in the third quarter. Front Row Advisors LLC now owns 771 shares of the company’s stock valued at $36,000 after acquiring an additional 460 shares during the period. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of SPDR Portfolio Emerging Markets ETF in the fourth quarter worth $37,000.

SPDR Portfolio Emerging Markets ETF Stock Performance

Shares of SPEM stock opened at $50.19 on Monday. SPDR Portfolio Emerging Markets ETF has a 1 year low of $42.66 and a 1 year high of $53.54. The firm’s fifty day simple moving average is $51.71 and its 200 day simple moving average is $49.99. The firm has a market capitalization of $16.99 billion, a P/E ratio of 15.39 and a beta of 0.60.

SPDR Portfolio Emerging Markets ETF Profile

The SPDR Portfolio Emerging Markets ETF (SPEM) is an exchange-traded fund that is based on the S&P Emerging Markets BMI index. The fund tracks an index of emerging markets companies weighted by market cap. SPEM was launched on Mar 19, 2007 and is managed by State Street.